other material
confidence high
sentiment neutral
materiality 0.55
Digital Turbine shareholders approve 10.63M share increase in equity plan; say-on-pay passes
Digital Turbine, Inc.
- Fourth Amendment approved: authorized shares under 2020 Equity Incentive Plan increase by 10,630,000, from 20,560,000 to 31,190,000.
- Say-on-pay advisory vote passed: 37,927,832 for, 26,468,387 against; 1-year frequency preferred.
- All seven directors re-elected: Roy Chestnutt, Robert Deutschman, Holly Hess Groos, Mohan Gyani, Jeffrey Karish, Michelle M. Sterling, William G. Stone III.
- Grant Thornton LLP ratified as independent auditor for FY ending Mar 31, 2027 (85,073,825 for, 5,029,347 against).
- New plan terms cap nonemployee director awards ($1M chairman, $750K others, $1M initial) and require 1-year minimum vesting.